Is 47932, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 47932 has remained a Seller's Market.
Housing Prices in 47932, IN
How much do homes in 47932, IN cost?
Median Sold Price
$205,375
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47932 was $205,375 in April 2024, down 10.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75.5K | $77.5K | +2.6% |
2 Bedrooms | $152.5K | $140K | -8.2% |
3 Bedrooms | $230K | $205.3K | -10.7% |
4 Bedrooms | $288K | $255K | -11.5% |
5+ Bedrooms | $457K | $595K | +30.2% |
Summary: 47932 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Zip Codes
47993 | $160K | $197.5K | +23.4% |
47932 | $230K | $205.3K | -10.7% |
Housing Supply in 47932, IN
How many homes are available in 47932, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Summary: The 47932 real estate market had 20 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 47932 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 47932 in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for 47932, IN
How long does it take to sell a home in 47932, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 70 Days | +21.1% |
Summary: Homes in 47932 had an average of 70 days on market in Apr 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 47932; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.